Brunella Bruno
I am a researcher with tenure in Financial Markets and Institutions at Bocconi University Finance Department. I received the national scientific habilitation (ASN) award as full professor in Financial Markets, Financial Institutions and Corporate Finance (Sector 13/B4) in 2020. I am a member of the steering committee at Blest, the Bocconi Lab for European Studies, a research fellow of the Bocconi Baffi centre, and a fellow of IEP, the Bocconi Institute for European policymaking. I am also a member of the Expert Panel on banking supervision for the European Parliament since 2017.
I was an academic visitor at Saïd Business School at the University of Oxford and visiting professor at the Bangor Business School at Bangor University, UK.
I hold a PhD degree in Financial Markets and Institutions from Università degli Studi di Siena.
Upon request of the European Parliament, I have recently conducted an in-depth analysis (with T.Beck and E. Carletti) on the evolving key risks in the banking sector. The analysis is available here:
https://www.europarl.europa.eu/thinktank/en/document/IPOL_IDA(2022)7337…
I have also carried a study (with F. De Marco) on the effects of COVID-19-related policy measures on bank credit supply. The short version and the full study are available at:
https://www.europarl.europa.eu/RegData/etudes/ATAG/2021/695461/IPOL_ATA(2021)695461_EN.pdf
My main research interests are empirical banking and art investing. In banking, I am particularly interested in studying the effects of regulation and supervision on bank behavior and how banks cope with credit risk. My most recent research is on the effects of climate-related risks on bank credit allocation policies.
Internal Ratings and Bank Opacity: Evidence from Analysts’ Forecasts
Journal of Financial Intermediation (forthcoming)Climate Transition Risk and Bank Lending
Journal of Financial Research (forthcoming)Financial structure and corporate investment in Europe
Finance and investment: the European case, 2018Determinants of bank lending in Europe and the United States. Evidence from crisis and post-crisis years
Finance and investment: the European case, 2018Credit risk transfer in U.S. commercial banks: what changed during the 2007–2009 crisis?
Journal of Banking & Finance, 2012Credit derivatives versus loan sales: evidence from the European banking market
Financial innovation in retail and corporate banking, 2009I am course director and teacher of the graduate course of Comparative Financial System and the undergraduate courses of Management of Financial Institutions and Alternative Investments. The Alternative Investments course is one of the CIVICA Engage Track courses developed by the European Commission within the framework of the CIVICA alliance.